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"First National Bank of Omaha will pay $35.25million of fines and refunds to settle charges by two U.S.regulators that it duped hundreds of thousands of customers intobuying credit card and identity theft services they did notwant, understand or receive. It also apologized to customers.", www.reuters.com
"As the Consumer Financial Protection Bureau prepares to finalize its rule on prepaid cards, the agency must clarify that automated overdraft products a common reason consumers dump their banks are not allowed on prepaid accounts.", www.americanbanker.com
"We just got a bit more back from the 38 Studios scoundrels. This time, it’s from a pair of behind-the-scenes banks. Wells Fargo and Barclays, who both grabbed fat fees off the 38 Studios mess and then tried to sneak away, Tuesday agreed to cough up $26 million. Though I guess I need to take back the word “scoundrels.” That’s because the two banks behaved just fine. According to them. “We are not admitting liability,” said Wells Fargo spokesman Kevin", www.providencejournal.com
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